OREN BM
Residential Market
Median Price
RM 378,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
147 properties
Median Price
RM 1,050,000
+3.9% CAGR
Median PSF
RM 619.50
+8.1% CAGR
Office Lot
88 properties
Median Price
RM 615,250
+3.8% CAGR
Median PSF
RM 650.00
-1.0% CAGR
Single Storey Shop
47 properties
Median Price
RM 1,304,000
-4.6% CAGR
Median PSF
RM 990.00
+0.2% CAGR
4-Storey Storey Shop
42 properties
Median Price
RM 3,540,000
+7.5% CAGR
Median PSF
RM 1,746.75
+5.2% CAGR
3-Storey Storey Shop
35 properties
Median Price
RM 2,332,500
+8.0% CAGR
Median PSF
RM 1,279.00
+5.3% CAGR
Condo/Apartment
21 properties
Median Price
RM 390,000
+6.6% CAGR
Median PSF
RM 409.25
+1.2% CAGR
Double Storey Semi-D
18 properties
Median Price
RM 2,572,000
+1.3% CAGR
Median PSF
RM 500.25
+2.3% CAGR
Detached
8 properties
Median Price
RM 3,600,000
-13.4% CAGR
Median PSF
RM 630.00
+21.9% CAGR
Double Storey Shop
4 properties
Median Price
RM 960,000
Median PSF
RM 623.50
Low-Cost Flat
4 properties
Median Price
RM 180,000
Median PSF
RM 261.00
Shop/Retail Lot
4 properties
Median Price
RM 2,000,000
+4.7% CAGR
Median PSF
RM 1,193.50
+6.7% CAGR
Town House
1 properties
Median Price
RM 1,646,000
Median PSF
RM 533.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 147 |
RM 1,050,000
±33K MAD
|
+3.93% |
RM 619.50
±13 MAD
|
+8.07% | |
| Office Lot | 88 |
RM 615,250
±8K MAD
|
+3.76% |
RM 650.00
±5 MAD
|
-0.97% | |
| Single Storey Shop | 47 |
RM 1,304,000
±46K MAD
|
-4.56% |
RM 990.00
±12 MAD
|
+0.23% | |
| 4-Storey Storey Shop | 42 |
RM 3,540,000
±63K MAD
|
+7.46% |
RM 1,746.75
±81 MAD
|
+5.20% | |
| 3-Storey Storey Shop | 35 |
RM 2,332,500
±310K MAD
|
+7.98% |
RM 1,279.00
±105 MAD
|
+5.30% | |
| Condo/Apartment | 21 |
RM 390,000
±52K MAD
|
+6.56% |
RM 409.25
±9 MAD
|
+1.24% | |
| Double Storey Semi-D | 18 |
RM 2,572,000
±50K MAD
|
+1.32% |
RM 500.25
±18 MAD
|
+2.33% | |
| Detached | 8 |
RM 3,600,000
±250K MAD
|
-13.40% |
RM 630.00
±18 MAD
|
+21.90% | |
| Double Storey Shop | 4 |
RM 960,000
|
- |
RM 623.50
|
- | |
| Low-Cost Flat | 4 |
RM 180,000
|
- |
RM 261.00
|
- | |
| Shop/Retail Lot | 4 |
RM 2,000,000
±50K MAD
|
+4.70% |
RM 1,193.50
±12 MAD
|
+6.67% | |
| Town House | 1 |
RM 1,646,000
|
- |
RM 533.00
|
- |
OREN BM in Seberang Perai Tengah, Penang recorded 8 subsale transactions in 2023, with a median price of RM 379K and a median price per square foot (PSF) of RM 457.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 379K, with most transactions falling within a stable range of RM 350K to RM 413K, and a typical market range of RM 350K to RM 408K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 457, with most transactions between RM 414 and RM 499. The usual range is RM 426.50 to RM 486.50, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
8 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 380,000
|
RM 465.00
|
818 sqft
|
Nov 2023
|
||
|
RM 400,000
|
RM 489.00
|
818 sqft
|
Nov 2023
|
||
|
RM 350,000
|
RM 428.00
|
818 sqft
|
Sep 2023
|
||
|
RM 377,000
|
RM 461.00
|
818 sqft
|
Sep 2023
|
||
|
RM 468,000
|
RM 572.00
|
818 sqft
|
Aug 2023
|
||
|
RM 370,000
|
RM 452.00
|
818 sqft
|
Jul 2023
|
||
|
RM 354,000
|
RM 433.00
|
818 sqft
|
Feb 2023
|
|
RM 387,000
|
RM 449.00
|
861 sqft
|
Aug 2023
|